Shelter Island Heights Estate Lawyer, New York, page 2

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Abraham Michelson
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1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
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Kyle Thomas Lynch

Lawsuit & Dispute, Industry Specialties, Estate, Business

Status:

CONTACT

7 Muchmore Ln, East Hampton, NY 11937

Denise Rae Schoen

Land Use & Zoning, Real Estate, Immigration, Estate Planning

Status: Licensed: 27 Years

CONTACT

9 North Main Street, East Hampton, NY 11937

Nancy Joan Marshall

Commercial Real Estate, Wills

Status: Licensed: 35 Years

CONTACT

159 Pantigo Rd, East Hampton, NY 11937

David Martin Kirst

Estate, Real Estate, Lawsuit & Dispute, Land Use & Zoning

Status:

CONTACT

241 Pantigo Rd, East Hampton, NY 11937

Lynn Nancy Ryan

Estate, Civil & Human Rights, Business

Status: Licensed: 28 Years

CONTACT

8 Bowling Green Pl, East Hampton, NY 11937

Michael D. Angiulo

Estate, Civil & Human Rights

Status: Licensed: 45 Years

CONTACT

514 Pantigo Rd, East Hampton, NY 11937

Virgilio R. Ong

Real Estate, Estate

Status: Licensed: 9 Years

CONTACT

53 Sycamore Drive, East Hampton, NY 11937

Robert H. Siegel

Estate, Real Estate

Status: Licensed: 70 Years

CONTACT

East Hampton, NY 11937

James H. Fischer

Real Estate Other, Immigration, Wills & Probate

Status: Licensed: 32 Years

CONTACT

68 N Main St, East Hampton, NY 11937

Stuyvesant Wainwright

Real Estate, Estate, Business

Status: Licensed: 30 Years

CONTACT

10 Pantigo Rd, East Hampton, NY 11937

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LEGAL TERMS

SUCCESSION

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which d... (more...)

The passing of property or legal rights after death. The word commonly refers to the distribution of property under a state's intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.

DISINHERIT

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit prope... (more...)

To deliberately prevent someone from inheriting something. This is usually done by a provision in a will stating that someone who would ordinarily inherit property -- a close family member, for example -- should not receive it. In most states, you cannot completely disinherit your spouse; a surviving spouse has the right to claim a portion (usually one-third to one-half) of the deceased spouse's estate. With a few exceptions, however, you can expressly disinherit children.

POWER OF APPOINTMENT

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust o... (more...)

The legal authority to decide who will receive someone else's property, usually property held in a trust. Most trustees can distribute the income from a trust only according to the terms of the trust, but a trustee with a power of appointment can choose the beneficiaries, sometimes from a list of candidates specified by the grantor. For example, Karin creates a trust with power of appointment to benefit either the local art museum, symphony, library or park, depending on the trustee's assessment of need.

IN TERROREM

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement... (more...)

Latin meaning 'in fear.' This phrase is used to describe provisions in contracts or wills meant to scare a person into complying with the terms of the agreement. For example, a will might state that an heir will forfeit her inheritance if she challenges the validity of the will. Of course, if the will is challenged and found to be invalid, then the clause itself is also invalid and the heir takes whatever she would have inherited if there were no will.

TRUST DEED

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to... (more...)

The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

REMAINDERMAN

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderma... (more...)

Someone who will inherit property in the future. For instance, if someone dies and leaves his home 'to Alma for life, and then to Barry,' Barry is a remainderman because he will inherit the home in the future, after Alma dies.

QTIP TRUST

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the... (more...)

A type of trust for wealthy married couples that allows a surviving spouse to postpone estate taxes. A QTIP trust allows the surviving spouse to make use of the trust property tax-free. Taxes are deferred until the surviving spouse dies and the trust property is received by the final trust beneficiaries, who were named by the first spouse to die.

INTER VIVOS TRUST

The Latin name, favored by some lawyers, for a living trust. 'Inter vivos' is Latin for 'between the living.'

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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Shelter Island Heights Estate Lawyer, New York, page 2

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Kyle Thomas Lynch

Denise Rae Schoen

Nancy Joan Marshall

David Martin Kirst

Lynn Nancy Ryan

Michael D. Angiulo

Virgilio R. Ong

Robert H. Siegel

James H. Fischer

Stuyvesant Wainwright

TIPS

LEGAL TERMS

SUCCESSION

DISINHERIT

POWER OF APPOINTMENT

IN TERROREM

TRUST DEED

SWEARING MATCH

REMAINDERMAN

QTIP TRUST

INTER VIVOS TRUST

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

Colasacco v. Robert E. Lawrence Real Estate

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

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